Many have labeled the new fee based music streaming service
Tidal a rip off of Spotify. So imagine the irony that Spotify's
sales have increased as Tidal launched and promptly crashed and
burned. Tidal sent Spotify up the Apple app charts. Jay Z,
Beyonce, Madonna, Rihanna and other recording artists in the
so-called, self-labeled Hollywood "Illuminati" thought Tidal
would make them billionaires. In actuality, they are in the hole
as the service tanks.

The aforementioned artists bought Tidal for $54,000,000 and
roped in investors, who are watching as their money goes up in
smoke. Service costs and staff salaries are in the millions. The
CEO has already been fired after the barely launched venture
descended into a financial fiasco.

STORY SOURCE

Tidal crashes out of top 700
apps in US download chart, boosts Spotify sales

Wednesday 22 April 2015 - Tidal does not seem to have
instigated the music streaming revolution it’s A-lister panel
had hoped, with early numbers for Jay Z's app suggesting it's
flopping or flopped. The service was designed to give musicians
a fairer deal and bigger share of streaming profits, but put
across a bit of a mixed message at its launch by placing the
world's biggest artists at its fore, implying that users should
be worrying over whether Madonna or Nicki Minaj's pockets are
sufficiently lined.

Tidal climbed into the US iPhone top 20 download chart
briefly following the event, but has since crashed out of the
top 700. It doesn't seem to have taken down its rivals with it
either. On 20 April, Pandora and Spotify occupied the number
three and four positions - marking the first time two music
streaming apps have placed in the top 4 simultaneously and
knocking down the world-conquering Candy Crush in the process...